Sales rise at DSW
It appears that consumer demand for footwear is continuing to boom as US branded footwear retailer DSW Inc. reported a 16% rise in net sales for the second quarter ended August 4. Sales soared to $348.7 million from the $301.3 million reported for the same quarter in 2006, whilst same store sales increased 5.9%.
Net sales for the first six months also improved, rising 14% to reach $705.7 million, up from $617.8 million for the same prior-year period. Same store sales increased 0.9% for the comparable twenty-six week period.
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